Soft Power Health TR

Analysis

Soft Power Health TR is a registered charity in United States, based in Purchase, NY. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Soft Power Health TR reported income of $1.1m and spending of $500k, leaving 55% of income unspent that year. Across the 6 years on record, from April 2019 to April 2024, income grew from $589k to $1.1m (+89%), an average of +14% a year. The sharpest change came in the year to April 2024, when income rose by 105%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Soft Power Health TR sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Fort Edward Rescue Squad Inc ($1.1m), Hospitality House of the Upper Peninsula ($1.1m) and The Flanders Northampton Volunteer Ambulance Company Inc ($1.1m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.3m against liabilities of $30k, net assets of $1.2m.